Martgage

What is a Streamline Refinance?

A streamline refinance is a refinance for borrowers who currently have an FHA loan.  The documentation that is required for a streamline refinance is limited compared to a regular refinance. Using this type of loan to refinance does not mean there will be no closing costs.  Closing costs still apply, however they may be lower than your standard refinance since […]

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Martgage

Are fixed rate mortgages better?

With low Fixed Rate’s available now, this is a question that gets asked a lot at the moment, especially given the volatility of interest rates in recent years and other economic pressures.  Mortgages come in two main varieties, Fixed Rate Mortgages and Variable Rate Mortgages (also called floating rate or revolving credit).  Fixed rate mortgages offers security and ease of […]

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Martgage

Tips For A Mortgage Refinance In Ontario

We’ve all heard about the housing crisis that faces the country, in response to this crisis the banks have been consistently lowering interest rates.  This has prompted many homeowners to consider refinancing their mortgage for a low mortgage rate.  Refinance is the process of breaking your current mortgage and replacing it with a new mortgage.  In many situations, this can […]

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Martgage

Property Conveyance- Do I Really Need It?

Many people often wonder, what is property conveyance? The concept is quite simple. Conveyancing is the legal transfer of property from one owner to another. During the conveyancing process, once properly carried out by conveyance solicitors, ensures that the purchaser actually owns all the property, land and rights that have been paid for. Selling your house (conveyancing), is really a […]

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Martgage

Mortgage Canada Rates – Some Implications And Considerations

Canada offers conciliatory terms and conditions which are complex to a layman when it comes to mortgage. Canada rates of interest on home loans especially have undergone a sea change ever since the installation of multiple loan products with various features and technologies. In general, the mortgage Canada, rates of interest are directly associated with the interest rates of the […]

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